Aviva's Savings Plan

00:00:00 Video Starts

00:00:06 - Question

Stephen Rice one minute pitch.

Savings and investments.

Your time starts now.

Deposit accounts or investment products?

00:00:15 Stephen Rice

Deposits for short-term need, such as your rainy day fund. Investments for longer term horizons, such as kids education, or indeed, your retirement.

00:00:23 - Question

Why choose an investment product to meet longer term needs.

00:00:26 Stephen Rice

Two main reasons, I suppose to beat deposit rates over the longer term, and secondly, to beat inflation.

00:00:31 - Question

Why invest with Aviva?

00:00:33 Stephen Rice

We offer a range of funds to meet different people’s risk profiles, and we also have ESG, or sustainability at the core of our ethos.

00:00:42 - Question

Do you need a lot of money to invest?

00:00:43 Stephen Rice

No, you can start saving with Aviva from €100 per month.

00:00:48 - Question

How do you invest?

00:00:49 Stephen Rice

Very simply talk to your financial broker who will match you with the right product for your needs at a point in time.

00:00:54 - Question

What are your top tips for investing?

00:00:55 Stephen Rice

It may sound simple but understand the time horizon you wish to save for and why you’re saving.

00:01:00 - Question

Finally, Stephen, what are you investing for at the moment?

00:01:03 Stephen Rice

Well as a father with a young family, for me it’s definitely education, and maybe the need to move to a bigger house or extend on our current house as the kids get a bit older.

00:01:14 - Question

Stephen, your time is up.

For more information on savings and investments, contact your financial broker.

00:01:34 Video Ends

00:00:00 Video Starts

00:00:06 - Question

John Deehan one minute pitch.

Aviva’s investment range.

Your time starts now.

What options do Aviva have for investors?

00:00:14 John Deehan

Aviva offer a range of investment options to suit clients different risk profiles across our manage for you, with you, and by you ranges. These include options such as the world’s leading fund managers.

00:00:24 - Question

What is the managed for you range?

00:00:26 John Deehan

This range comprises of a choice of Aviva multi asset funds, and are perfect for clients who want Aviva experts to manage their money, aligned to their risk profile.

00:00:32 - Question

And the managed with you range?

00:00:34 John Deehan

You can build and manage a diversified portfolio, through a range of equity, bond, property, specialist multi asset alternative funds managed by Aviva and other leading fund managers.

00:00:43 - Question

And lastly the managed by you range?

00:00:45 John Deehan

This range gives clients the flexibility to build a highly tailored and specialised portfolio through our self-directed investment options that includes share trading and structure products.

00:00:54 - Question

And do Aviva offer sustainable investment options?

00:00:57 John Deehan

Yes we offer a number of options that are classified as ESG funds under new European regulations.

00:01:01 - Question

Finally, John, where are you investing at the moment?

00:01:04 John Deehan

I’m a great believer in diversification and the benefits of equities and I’m currently investing in a blend of different multi asset and equity funds.

00:01:10 - Question

John, your time is up.

For more information on Aviva’s investment range, contact your financial broker.

00:01:30 Video Ends

Karen Deenihan, One Minute Pitch. Section 73 Savings Plans.

 

Your time starts now.

 

Can you give a gift to someone?

 

Yes. Anyone can give a financial gift to another person up to a certain amount, tax free. For example, as a parent, I can give my child up to €335,000.

 

What is gift tax?

 

If the value of the gift is over a certain amount, then the person that receives the gift needs to pay 33% tax.

 

Can you give an example?

 

If a parent gifts a property worth over €600,000 to their child while they're alive, based on the taxable sum of €265,000, the child will owe €87,450 in tax.

 

Can you help them with this?

 

Yes. With an Aviva Section 73 policy, you can specifically save money to help your child meet this gift tax liability.

 

Are there rules relating to this?

 

Yes. For example, you need to set the policy up as a Section 73 Savings Policy at the start and pay premiums for eight years. Our customer brochure explains these rules.

 

I have to use the proceeds of my Section 73 Policy to pay my child's gift tax?

 

No. You can use it for something entirely different.

 

Karen, your time is up.

 

For more information, talk to your financial broker or visit Aviva.ie.

This allows you to gift up to €3,000 tax free to any child, grandchild or any other person in a calendar year.

 

 

 

How can I avail of this exemption?

 

 

 

Aviva has a regular savings plan called the Aviva Children's Investment Trust. This plan enables you to use this allowance for beneficiaries under 18 years of age.

 

 

 

Can you tell me more about this product?

 

 

 

You can save from as little as €100 per month. There is a choice of funds with differing risk profiles, thereby giving your beneficiaries money the potential to outperform bank deposits and inflation over the long term.

 

 

 

Who owns the policy?

 

 

 

The beneficial owner of the plan is the child. They can access the funds from 18 years of age.

 

 

 

In the meantime, trustees will manage the policy and the fund selection on their behalf.

 

 

 

Who should invest in this product?

 

 

 

This product may be suitable for parents or other relatives, such as grandparents are godparents who may wish to save for a child's future.

 

 

 

Dave, your time is up.

 

 

 

For more information, talk to your financial broker or visit Aviva.ie.